News & Insights

TOPIX posted a positive return for two consecutive months. U.S. employment data for January and the U.S. Wholesale Price Index for January reduced expectations for a hike in U.S. interest rate hikes, which boosted the Japanese equity market.

[EXTERNAL LINK] Satoshi Marui, Chief Portfolio Manager for the Japan Small Cap strategy, wrote for Funds Global Asia about how some societal issues endemic to Japan present unique opportunities for investors.

TOPIX ended up on the previous month-end, supported by rallying US equities and the end of China's Zero-Covid policy.

TOPIX ended down on the previous month end. Factors such as the yen's appreciation and the increase in the number of new COVID-19 cases in China weighed on the market.

[EXTERNAL LINK] Satoshi Marui, Chief Portfolio Manager of the Japan Small Cap strategy, quoted in James Baxter-Derrington's article for Investment Week. The article covers the re-opening of the Japanese economy, the potential shift in monetary policy and how these factors combine into attractive opportunities.

TOPIX continues to rise this month. Expectations of a slowdown in US interest rate hikes pushed the Japanese equity market up.

TOPIX ended up on the previous month end. The Japanese equity market rose in line with a rise in the US equity market in the latter half of the month.

TOPIX ended down on the previous month end due to external risk factors such as rising US interest rates. Moreover the UK's controversial fiscal policy also weighed negatively on market sentiment.

TOPIX ended up on the previous month-end. However early gains in the first half of the month were shaved off following hawkish statements from the US Federal Reserve Chair Powell.